Analyze the Annual Common Size Balance Sheet of the company "Rocky Brands (RCKY)" from 2018-2021. 

Discuss the data in a long detailed summary, along with the trends and possible reasons?

See the attached balance sheet for reference:

 

Transcribed Image Text:

Balance Sheet All numbers in thousands Breakdown ✓ Total Assets ✓ Current Assets ✓ Cash, Cash Equivalents & S... Cash And Cash Equivalents ✓ Receivables ✓ Accounts receivable Gross Accounts Receiva... Allowance For Doubtful ... Taxes Receivable Other Receivables ✓ Inventory Raw Materials Work in Process Finished Goods Prepaid Assets Current Deferred Assets Current Deferred Taxes As... ✓ Total non-current assets ✓ Net PPE 12/30/2021 12/30/2020 12/30/2019 12/30/2018 624,575 184,663 375,285 5,909 5,909 132,405 126,807 127,420 -613 4,294 1,304 232,464 20,933 1,316 210,215 4,507 249,290 71,417 229,091 163,186 28,353 28,353 53,544 48,010 48,252 -242 0 5,534 77,576 12,875 1,128 63,573 3,713 0 0 65,905 35,322 205,826 146,126 15,518 15,518 50,847 45,585 46,537 -952 150 5,112 76,731 12,466 856 63,409 3,030 59,700 29,166 131,185 10,173 10,173 46,300 43,337 44,605 -1,268 30 2,933 72,822 12,986 715 59,121 1,890 53,477 23,056 Balance Sheet All numbers in thousands Breakdown ✓ Total Assets ✓ Current Assets ✓ Cash, Cash Equivalents & S... Cash And Cash Equivalents ✓ Receivables ✓ Accounts receivable Gross Accounts Receiva... Allowance For Doubtful ... Taxes Receivable Other Receivables ✓ Inventory Raw Materials Work in Process Finished Goods Prepaid Assets Current Deferred Assets Current Deferred Taxes As... ✓ Total non-current assets ✓ Net PPE 12/30/2021 12/30/2020 12/30/2019 12/30/2018 624,575 184,663 375,285 5,909 5,909 132,405 126,807 127,420 -613 4,294 1,304 232,464 20,933 1,316 210,215 4,507 249,290 71,417 229,091 163,186 28,353 28,353 53,544 48,010 48,252 -242 0 5,534 77,576 12,875 1,128 63,573 3,713 0 0 65,905 35,322 205,826 146,126 15,518 15,518 50,847 45,585 46,537 -952 150 5,112 76,731 12,466 856 63,409 3,030 59,700 29,166 131,185 10,173 10,173 46,300 43,337 44,605 -1,268 30 2,933 72,822 12,986 715 59,121 1,890 53,477 23,056

Answer rating: 100% (QA)

The annual common size balance sheet of Rocky Brands RCKY from 20182021 shows that the company has e... View the full answer